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Charles River Regional Chamber to host Needham Harvest Fair

Charles River Regional Chamber to host Needham Harvest Fair
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Massachusetts man pleads guilty in auto loan fraud scheme

Massachusetts man pleads guilty in auto loan fraud scheme Follow Us Question of the Day By - Associated Press - Wednesday, March 3, 2021 PROVIDENCE, R.I. (AP) - A Massachusetts man who was among nine people indicted in connection with a conspiracy to defraud several credit unions through fraudulent auto loans has pleaded guilty, federal prosecutors said. Hiancarlos Mosquea-Ramos, 28, of Lawrence, Massachusetts, pleaded guilty Tuesday to bank fraud conspiracy, according to a statement from the U.S. attorney’s office in Rhode Island. Mosquea-Ramos used his own identification information along with counterfeit earnings statements, purchase and sales agreements, and motor vehicle titles to obtain fraudulent loans, prosecutors said.

The secret is out: Credit union leaders share lessons learned from 2020

The secret is out: Credit union leaders share lessons learned from 2020 From temporary branch closures, to a remote workforce, to a massive influx of deposit liquidity – financial institutions experienced many drastic changes as a direct result of the COVID-19 crisis. So we’ve been speaking with leaders from credit unions that have continued to grow members and revenue throughout the pandemic. Here are some shared recommendations we captured that your institution can consider when building or reworking your own strategic growth initiatives. Build Flexible, Fluid Strategies Joseph Walsh, President & CEO of Direct Federal Credit Union, offers a simple but effective mantra: “Plan, do, check, and adjust.” He explains that strategies require planning and action, but they also require constant attention.

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